Rare opportunity to purchase a well maintained, income producing 4-family in the desirable Madeira community. Month to month tenancy with long term tenants in place. This brick ranch style building features Three 1-BR apartments and One 2-BR apartment. Off street parking, coin laundry, new roof in 2023, glass block windows & more. Tenants pay heat and air conditioning. Owner pays water & sewer. Ideal investment opportunity in a great location.
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Madeira is located in Ohio. Madeira, Ohio has a population of 9,397. Madeira is more family-centric than the surrounding county with 50.43% of the households containing married families with children. The county average for households married with children is 27.88%.
The median household income in Madeira, Ohio is $142,917. The median household income for the surrounding county is $63,080 compared to the national median of $69,021. The median age of people living in Madeira is 38.8 years.
The average high temperature in July is 86.6 degrees, with an average low temperature in January of 21.4 degrees. The average rainfall is approximately 43.5 inches per year, with 13.9 inches of snow per year.